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Mcdonald's China Sale

McDonald Plans to Keep 25 Percent Stake intact in China Business.

McDonald’s to Keep 25% Stake Intact in China, Hong Kong Business: Report

Dec 07, 2016 09:24 AM EST

McDonald plans to keep 25 percent stake intact in its China and Hong Kong business as it prepares to sell the reminder stake to a consortium led by private-equity firm Carlyle Group LP and Chinese conglomerate CITIC Group Corp, a person familiar with the matter said.

Carlyle-Citic in Advanced Talks to Acquire McDonald's China Assets: Report

Girish Shetti |

Dec 02, 2016 06:36 AM EST

A joint consortium led by American private-equity firm Carlyle Group and state owned Chinese investment company Citic Group Corp are reportedly nearing a deal to acquire McDonald's Corp's assets in China and Hong Kong for $3 billion.